Purchase Property in Kamala Beach
The beach resort of Kamala is currently undergoing the most fundamental change of any resort on the island with large-scale development underway. This could be a game-changer for Kamala and will upgrade the area overall, making it home to a greater number of premium and luxury facilities that have already attracted a more upmarket clientele and a big reason for investors to purchase property in Kamala Beach. The knock-on effects will be greater-than-average capital growth in existing property prices, a number of piggy-back developments and high-end facilities that will serve the new demand generated by this exclusive sector.
Until very recently there was only one condominium development located on the beach- side of the main coastal road that passes through the centre of Kamala. The majority of developments feature condos and apartments that are pasted along the hills that enclose Kamala, approximately three to five kilometres from the beach. Kamala Beach itself has long been revered as one of the best locations on the island and the resort area accompanying it retains a laid-back charm.
Kamala now has four condominium developments being built on the beach or close to it. There are some amazing sea view apartments available with direct access to the beach, which are available at a range of both unit size and price. For the purchaser seeking a holiday home or an investment, there are hotel managed developments available offering excellent passive returns. These passive rental returns are even more attractive considering the robust capital growth due to the upgrading of Kamala as a whole.
Kamala is also an excellent location being only ten minutes North of Patong and 30 – 40 minutes from the airport which makes it ideal for those who wish to reside in a peaceful and relaxed beach resort but wish be within striking distance of the nightlife and shopping of Patong.